Focus Taiwan
Date: 2018/12/10
By: Chiu Po-sheng and Frances Huang 

Taipei, Dec. 10 (CNA) Taiwan’s central bank is expected to leave its key interest rates unchanged for 2019 because the global economy is expected to face some downside risks amid trade tensions between the United States and China, Standard Chartered Bank said on Monday.

In addition, uncertainty over the emerging economies is expected to make the central bank remain on alert over the global economic development and maintain its current monetary policy, the bank said.

In a conference held to forecast Taiwan’s economy, Tony Phoo (符銘財), a senior economist for East Asia of Standard Chartered Bank, cited the minutes of the central bank’s latest quarterly policymaking meeting held in late September as saying some directors and supervisors of the bank have adopted a cautious tone, fearing the local economy will slow down next year.    [FULL  STORY]